Tuesday, April 24, 2007

Liberia assembly ratifies $1 bln Mittal iron deal

(Reuters) - Liberia's lower house of parliament has ratified a $1 billion iron ore mining project signed with the world's largest steel producer Arcelor Mittal, Mines Minister Eugene Shannon said on Tuesday.

"They have ratified it and will submit it to the Senate for concurrence. Once that is done, then Mittal will have the green light to operate," Shannon told Reuters.


Read more at Reuters Africa

No comments: